The Services sector (IYC) showed little change during trading today while the S&P 500 rose 0.5%.
While being down today, the ETF, as a proxy for sector performance, tracked farther from the overall market today than over the past month. Entering today's trading, IYC was up 1.2% over the last thirty trading days while the S&P 500 was down 1%.
MakeMyTrip (MMYT) was a significant gainer in the sector, rising 10.3%. The stock closed at $16.09 with 309,529 shares moving. The stock traded in a range of $14.41 to $16.66. The stock has lost momentum over the last three months, losing $6.98 (-30.3%) from $23.07 on March 20, 2012.
Telecom Argentina (TEO) was a major loser in the sector. Its price dropped 8.1% (-88 cents) to close at $10, as 762,225 shares moved. The stock traded between $10 and $11.13.
K12 (LRN) fell 1.9% to close at $21.70, crossing its 50-day moving average of $21.79. Meanwhile, Winmark Corporation (WINA) climbed 8.2% to close at $59.87, moving past its 200-day moving average of $56.00.
United Rentals (URI) rose 5.3% to close at $34.81, approaching its 50-day moving average of $37.01. It has also moved closer to its 200-day moving average of $36.71. National Research Corporation (TU) fell 1.1% to close at $47.70, moving closer to its 50-day moving average of $46.92. Also, the stock moved closer to its 200-day moving average of $55.31.
Dollar General (DG) hit a new 52-week high today, reaching $52.19 to top the previous high of $50.85.